Nic and Matt cover a tumultuous week in the crypto markets. In this episode:
- We investigate the Dollar Milkshake Theory
- BitPanda raises $52m
- Genesis announces the official launch of their custody product
- Our breakdown of the BitMEX situation
- Where the BitMEX situation leaves the remaining offshore crypto exchanges
- The prospects for users who currently have funds on BitMEX
- How the BitMEX lawsuit potentially improves the prospects for a Bitcoin ETF
- Whether BitMEX was a source of sell pressure for Bitcoin
- Where BitMEX leaves decentralized exchanges
- The SEC obtains a summary judgment over Kik
- Why the SALT lending settlement with the SEC signals a shift in the SEC's attitude with regards to tokens
- CommerceBlock converts their token into equity into a UK company
- Talos Trading comes out of stealth mode
- The biggest remaining systemic risk that the crypto industry faces
On The Brink with Castle Island